EloElo Group (Story TV)
Company announced US$80M Series C financing led by Hornbill Capital and NBCUniversal. Reuters reports a US$500M company valuation from a person with direct knowledge; that valuation is reported, not company-disclosed. The US$80M is this financing round, distinct from US$130M cumulative capital raised. Proceeds support original programming, international microdrama expansion and Dolphin AI production tools. Story TV is EloElo's microdrama platform. Exact stakes, investor allocations, primary/secondary split and valuation basis were not disclosed; no stake or revenue multiple inferred. Founder identified by company announcement and contemporaneous founder interviews.
- ID
- D223
- Date
- 2026-11-04
- Year
- 2026
- Sector
- Film & TV production
- Target
- EloElo Group (Story TV)
- Principal talent / founder
- Saurabh Pandey
- Talent-led
- No
- Acquirer / investor
- Hornbill Capital; NBCUniversal (co-leads); MIT Investment Co; Play Ventures; Kalaari Capital; Waterbridge Ventures; Griffin Gaming Partners
- Acquirer type
- Investment firms / strategic entertainment investor
- Deal type
- Series C funding
- Stake %
- Undisclosed
- Deal value ($M)
- 80
- Implied valuation ($M)
- 500
- Revenue at deal ($M)
- Undisclosed
- Implied revenue multiple
- Undisclosed
- Value confidence
- Reported
- Status
- Announced as raised
- Term
- Not specified
- Date added
- 2026-11-04
- Last verified
- 2026-11-04
Source: Reuters; EloElo Group / Business Wire
Deal value and implied valuation are separate measures. Undisclosed financial terms are not inferred. Read the methodology.